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Production tax credit extended for renewable projects beginning construction in 2014

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • December 22 2014

On December 19, 2014, President Obama signed into law the Tax Increase Prevention Act of 2014 (H.R. 5771). H.R. 5771 includes a retroactive one-year

Legislation extends wind Production Tax Credit (“PTC”) eligibility to projects for which construction began prior to January 1, 2015

  • O'Melveny & Myers LLP
  • -
  • USA
  • -
  • December 22 2014

On December 19, 2014, the President signed the Tax Increase Prevention Act of 2014 that retroactively extended PTC eligibility under Section 45 of

House passes PTC extension through end of 2014

  • Akin Gump Strauss Hauer & Feld LLP
  • -
  • USA
  • -
  • December 4 2014

Today, the House passed H.R. 5771. To become law, H.R. 5771 must still pass the Senate and be signed by the president. We expect both of those steps

Hardin County designated an Alternative Energy Zone by commissioners

  • Bricker & Eckler LLP
  • -
  • USA
  • -
  • October 21 2010

On October 5, 2010 the Hardin County Commissioners passed a resolution designating the county as an Alternative Energy Zone by a unanimous vote of three to zero

Treasury releases new guidance on evaluating cash grant- eligible basis

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 11 2011

On June 30, the U.S. Department of the Treasury (“Treasury”) released an additional guidance document outlining the process used to evaluate the amount of a renewable energy project’s basis that is eligible for a payment in lieu of tax credits (a “Cash Grant”) under Section 1603 of the American Recovery and Reinvestment Act of 2009

2014 Maryland General Assembly passes bills affecting construction industry

  • Ober Kaler
  • -
  • USA
  • -
  • May 21 2014

A number of bills were passed during the Maryland General Assembly's 2014 legislative session that will impact certain sectors of the construction

Lessons from the last rush to start construction

  • Chadbourne & Parke LLP
  • -
  • USA
  • -
  • December 17 2014

The Senate vote last night to let developers of wind, geothermal, biomass, landfill gas, incremental hydroelectric and ocean energy projects claim

Discovery order issued in “SolarCity” cash grant litigation Treasury to provide benchmarking materials

  • Akin Gump Strauss Hauer & Feld LLP
  • -
  • USA
  • -
  • October 14 2014

On October 6, 2014, Judge Eric G. Bruggink of the U.S. Court of Federal Claims issued an order on the disputed production of documents and

Treasury cash grants

  • Chadbourne & Parke LLP
  • -
  • USA
  • -
  • October 11 2013

Treasury cash grants lead to more litigation. A partnership of NextEra and JPMorgan filed two lawsuits in September over shortfalls in so-called

A win-win solution - using tax increment financing to pay for infrastructure improvements in areas impacted by oil and gas production from shale

  • Vorys Sater Seymour and Pease LLP
  • -
  • USA
  • -
  • February 13 2012

The development of oil and gas from Utica shale is one of the most significant opportunities for economic development in Ohio in the recent past